You want to be able to withdraw the specified amount periodically
You want to be able to withdraw the specified amount periodically from a payout annuity with the given terms. Find how much the account needs to hold to make this possible. Round your answer to the nearest dollar.
| Regular withdrawal: | $1800 |
| Interest rate: | 2.5% |
| Frequency | quarterly |
| Time: | 30 years |
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